California rebates for buying electric cars could run out fast

With $8 million in state coffers for the program and the Nissan Leaf now hitting the market, funds for the $5,000 rebate may be depleted by mid-2011, an electric-vehicle advocate estimates. California consumers counting on a $5,000 state rebate for purchasing an electric car may be in for a shock: The money may not be there when they go to collect.

Read the rest here:
California rebates for buying electric cars could run out fast